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Quaker Oats Deal's Price Revealed

July 25, 1996

Van de Kamp's Inc. said it paid Chicago-based Quaker Oats Co. $188 million for its Aunt Jemima frozen waffles and Celeste frozen pizza businesses. The closely held St. Louis-based company, controlled by Fenway Partners Inc., revealed the amount in a Securities and Exchange Commission filing. Terms of the purchase, completed July 9, weren't disclosed earlier.